According to Elbit Systems' 15-minute chart, a Golden Cross has occurred on the KDJ indicator, accompanied by a Bullish Marubozu at 08/20/2025 15:15. This signifies a shift in momentum towards the upside, with a potential for further price appreciation. As buyers maintain control of the market, bullish momentum is likely to persist.
Elbit Systems' 15-minute chart has triggered a significant bullish signal, with the KDJ indicator forming a Golden Cross and a Bullish Marubozu pattern observed at 08/20/2025 15:15. This combination indicates a shift in momentum towards the upside, suggesting potential price appreciation. The dominance of buyers in the market is likely to continue, as bullish momentum is expected to persist.
The Golden Cross on the KDJ indicator, where the K-line crosses above the D-line, signals a shift in momentum from bearish to bullish. The Bullish Marubozu candlestick pattern, characterized by a long body with no wicks, signifies strong buying pressure, confirming the strength of the bullish move [1].
Elbit Systems' recent performance supports this positive technical outlook. The defense technology firm reported a 21% year-over-year (YoY) increase in revenue to $1.97 billion in the second quarter of 2025, surpassing analyst expectations. On a non-GAAP basis, net profit climbed to $151 million, or $3.23 per share, representing a 63% increase compared to the previous year [2]. Additionally, Elbit Systems disclosed a substantial order backlog of $23.8 billion at the end of the second quarter, up $700 million from the prior period, providing multi-year revenue visibility and underscoring the company's robust demand and growth potential [3].
Institutional investors have also shown increased confidence in Elbit Systems. Deutsche Bank AG and Charles Schwab Investment Management have notably increased their holdings in the company, and analysts have upgraded the stock to a "strong-buy" rating with new price targets set at $500.00 [3].
Elbit Systems' strong historical performance and focus on innovation and strategic acquisitions position it well for continued growth. As global defense spending continues to rise in response to geopolitical tensions, Elbit Systems appears well-positioned to capitalize on these market trends through its comprehensive product portfolio and established global presence.
References:
[1] https://www.ainvest.com/news/elbit-systems-15min-chart-triggered-kdj-golden-cross-bullish-marubozu-signal-2508/
[2] https://www.ainvest.com/news/elbit-systems-surges-record-earnings-1-6b-contract-2508/
[3] https://za.investing.com/news/earnings/elbit-systems-discloses-16bn-european-order-reports-higher-q2-results-stock-up-3835629
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